The only reason the Aurora dev hasn't dumped his coins is because there is almost zero liquidity as he holds 95% of all AUR in circulation. The supposed $Billion USD market cap was highly inflated by the premine to say the least.
If the dev were truly doing this for the greater good, he would turn over all of the premine to a publicly known and trusted third party. There are several on this forum alone that could and would do it. From what I understand, he won't even consider the idea which pretty much defines what this coin is, a mechanism for personal enrichment. Nothing wrong with that, just be up front.
I read online that an official of Iceland said in response to a question about AUR stated that if the dev could possibly notify and deliver anything, be it electronic or physical to every person in Iceland in less than a month that he would be a logistic savant genius and would have an immediate future in Reykjavik. The task of simply notifying the entire population of Iceland and "air dropping" coins in that short time span is near impossible never mind verifying their actual place of residence.
This con is painfully obvious.
1) Build coin
2) Promote fake good will and pump value
3) Use Air Drop as cover to dump premine.
4) Use tens of thousands of pre-deployed "air drop" wallets to launder coins from premine addresses
5) Make several million USD off the bag holders and retire.
If the Aurora coin dev would simply move the entire premine prior to "air drop" into the control of a known publicly trusted escrow, this would changes things across the board. Simply posting the premine addresses does nothing as the laundering will occur during the "air drop".
What say you Baldur the Aurora Coin Developer?
~BCX~
Added:(12 hours after OP) The AUR dev has indicated he aware of this thread and will not consider an escrow.
I say you are a pathethic human being trying to justify your stupid move to destroy currency that actually can help a whole Nation. Icelandic krona has been deflating so much that word dump is a holy word if you look how krona has been dumped by their bankers.
I have never met a scammer whou would not sell 10 000 000 of units when price was 90USD for one.On that day he coult undercut all orders on poloniex, cryptsy, cryptorush and mintpal and gain literally million dollars. According to your retarded logic he has some better plan.
But as yourself said people will dump the coin right before airdrop because they will be scared he will dump it. A three years old logic and a good one. So why he did not dump now? Well yeah, it is not a scam, thats why.
Another argument of yours - with the third party holding the coins. You are totally delusional thinking somebody here has the will to "hold" a 2-3nd currency on coinmarketcap. Its one thing escrow 1BTC another 1000s.
So after you have been told how much pathethic and retarded you are , you made this shitty excuse for some argument why auroracoin should be destroyed+1 to this. And I want to add some other things:
- coinmarketcap: WHO THE HELL CARES ABOUT COINMARKETCAP? That site is 10x more useless than the idea of this coin. Only noobs buy coins judged by their position/raise on here.
- Promotion? This dev didn't even promote his own coin alot, yes he updates some things on twitter, but what he did NOT do is bump this topic everyday, telling people to mine, etc. He just posted plain updates, and news articles, when this coin was extremely under the radar a few weeks back. He didn't do ANY effort to promote his coin on here. U know why? Because again, most people here are idiots anyway, and the dev cares about actual use of his coin rather than all the babies here crying all the time.
- Exposure. Now that his coin gets a lot of exposure everyone is calling it a scam suddenly? Again, this coin has been out for a long time, and YOU, yes: YOU! All the people from this forum PUMPED this coin to the max. The dev didn't do ANYTHING but come up with the idea and the plan. This whole forum made it a pump & dump (yes, that's what it is now). The dev just wants to try something interesting. For his sake, this coin is worth the same as that it was a few weeks back (yes, that is still 10x lower than what it is worth now).
- ESCROW? The dev didn't even dump when the price went x30 in 3 days timespan. What more do you want from him? He is totally entitled to not use ESCROW. Especially not someone from here (again, he probably hates this forum). And another thing: why the hell should he use escrow now that the coin is in the spotlights? He owned his coins for a long time. No reason why he should give them away to someone else now.
These are just some points that i came up with. The people are are responsible for pumping this coin to heaven, and now they are crying about the dev and shit? The dev doesn't owe you anything. I am very curious what will happen either way, during the airdrop.